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Phoenix Ranks 5th Nationally for New Home Construction in 2024

Summary by All About Arizona News
PHOENIX — Phoenix ranked fifth among major U.S. metropolitan areas for new housing construction in 2024, with 21.4 housing units authorized per 1,000 existing homes, according to recent housing data. This strong performance came despite rising construction delays, supply chain challenges, and higher material and labor costs impacting builders across the country. Arizona also secured the fifth… Source
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Phoenix Ranks 5th Nationally for New Home Construction in 2024

PHOENIX — Phoenix ranked fifth among major U.S. metropolitan areas for new housing construction in 2024, with 21.4 housing units authorized per 1,000 existing homes, according to recent housing data. This strong performance came despite rising construction delays, supply chain challenges, and higher material and labor costs impacting builders across the country. Arizona also secured the fifth… Source

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All About Arizona News broke the news in on Monday, August 4, 2025.
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